According to the Christian Science Monitor, "With the April 15 filing deadline in view, American taxpayers may be surprised to find that their tax burden is less than those in most industrialized countries." Indeed, the United States "... matches Japan for the lowest ratio of tax revenue to gross domestic product (GDP) among the G-7 nations. France and Italy score highest."
The G7 nations include: Canada, France, Germany, Italy, Japan, the United Kingdom, and the U.S.A.
For more information, see:
www.csmonitor.com/USA/2010/0411/US-tax-bite-smaller-than-other-nations
Sunday, April 11, 2010
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